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Displaying results 1 to 7 of 7.

  1. Willingness to pay for mortality risk reduction from air quality improvement
    evidence from urban Bangladesh
    Author: Mahmud, Minhaj Uddin; Sawada, Yasuyuki; Yamada, Eiji
    Published: [2019]
    Publisher:  JICA Research Institute, Tokyo

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 352
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: JICA-RI working paper ; no. 190 (March 2019)
    Subjects: value of statistical life; willingness to pay; contingent valuation; air pollution; Bangladesh
    Scope: 1 Online-Ressource (circa 55 Seiten)
  2. The full recession
    private versus social costs of Covid-19
    Author: Córdoba Muñoz, Juan C.; Ripoll, Marla; Yang, Siqiang
    Published: October 28, 2020
    Publisher:  Iowa State University, Department of Economics, Ames, Iowa

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Iowa State University, Department of Economics ; number 20021
    Subjects: social welfare; value of statistical life; mortality risk aversion; consumption risk aversion; Epstein-Zin-Weil preferences; ran
    Scope: 1 Online-Ressource (circa 53 Seiten), Illustrationen
  3. Compensating differentials for occupational health and safety risks
    implications of recent evidence
    Author: Kniesner, Thomas J.; Viscusi, W. Kip
    Published: February 2022
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    The most enduring measure of how individuals make personal decisions affecting their health and safety is the compensating wage differential for job safety risk revealed in the labor market via hedonic equilibrium outcomes. The decisions in turn... more

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    The most enduring measure of how individuals make personal decisions affecting their health and safety is the compensating wage differential for job safety risk revealed in the labor market via hedonic equilibrium outcomes. The decisions in turn reveal the value of a statistical life (VSL), the value of a statistical injury (VSI), and the value of a statistical life year (VSLY), which have both mortality and morbidity aspects that we describe and apply here. All such tradeoff rates play important roles in policy decisions concerning improving individual welfare. Specifically, we explicate the recent empirical research on VSL and its related concepts and link the empirical results to the on-going examinations of many government policies intended to improve individuals' health and longevity. We pay special attention to recent issues such as the COVID pandemic and newly emerging foci on distributional consequences concerning which demographic groups may benefit most from certain regulations.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/252241
    Series: Discussion paper series / IZA ; no. 15117
    Subjects: value of statistical life; VSL; value of statistical injury; VSI; value of a statistical life year; VSLY; mortality risk; morbidity risk; benefit cost analysis; hedonic labor market equilibrium; compensating wage differential; evaluation of health and safety programs
    Scope: 1 Online-Ressource (circa 59 Seiten), Illustrationen
  4. Promoting equity through equitable risk tradeoffs
    Author: Kniesner, Thomas J.; Viscusi, W. Kip
    Published: November 2022
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    The impact and economic merits of President Biden's Executive Order 13985 on equity depend on how the executive order is implemented. While policy discussion to date has focused on equitable outcomes, we propose framing risk equity policies in terms... more

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    The impact and economic merits of President Biden's Executive Order 13985 on equity depend on how the executive order is implemented. While policy discussion to date has focused on equitable outcomes, we propose framing risk equity policies in terms of equitable risk tradeoff rates based on six policy guidelines. The starting point for ex ante evaluation of equity for mortality risk policies should be the symmetric application of the value of a statistical life (VSL) to all groups. Because of the substantial heterogeneity in VSLs by income and demographic characteristics, symmetric tradeoff rates generate subsidies and deficits relative to private values of risk. Efforts to provide for distributional preferences should be grounded in an understanding of the differentials already provided through application of a uniform VSL. Targeting government programs to specific groups ex ante should be coupled with estimates of the efficiency loss based on symmetric tradeoff rates and the implicit tradeoff rate ratio relative the average VSL needed to support the redistributive policy. Here we propose equity guidance that could be incorporated in a revised version of Office of Management and Budget Circular A-4. We contrast the ex ante equity guidance approach with the ex post risk equity evaluation procedure that is incorporated in the Biden Administration's recently proposed Justice40 plan, where 40 percent of the benefits of existing programs must be targeted to certain minority groups without ex post examination of their cost effectiveness either feasible or currently planned.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/272398
    Series: Discussion paper series / IZA ; no. 15771
    Subjects: value of statistical life; risk equity; Justice40; Circular A-4; benefit-cost analysis; regulatory impact analysis
    Scope: 1 Online-Ressource (circa 50 Seiten)
  5. Estimativa do valor da vida estatística e do valor da economia de tempo em viagens nas rodovias brasileiras com a utilização de pesquisa de preferência declarada
    Author: Ferrari, Tatiana Kolodin; Dusi, Luiza de Alencar; Lopes, Daniel A. Feitosa; Pompermayer, Fabiano Mezadre
    Published: dezembro de 2019
    Publisher:  Instituto de Pesquisa Econômica Aplicada, Rio de Janeiro

    In this paper, we discuss the methodological procedures and the computation of the value of travel time saving and the value of statistical life in road travels in Brazil. A stated preference experiment was carried out, in which we bring some... more

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    In this paper, we discuss the methodological procedures and the computation of the value of travel time saving and the value of statistical life in road travels in Brazil. A stated preference experiment was carried out, in which we bring some innovations in order to control for hypothetical bias. The survey was conducted online through the snowball technique, requesting respondents to choose between two hypothetical routes with different levels of three attributes: toll cost, time and number of deaths. The mixed logit model was used to estimate the willingness to pay for the travel time saving and for the death risk reduction. The results show a significant difference in the values given the certainty level in the individual's answer. The model is also estimated controlled for travel and individual characteristics. Despite the important results found, the first ones in our knowledge for the Brazilian context, the data collection was biased towards medium and high income, which limits the extrapolation of its results to the country population. Given that, the most robust estimates indicate the value of travel time saving to be between 79% and 36% of the working time value, and value of a statistical life between R$ 2.4 million and R$ 3.1 million (at 2017 prices).

     
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    Source: Union catalogues
    Language: Portuguese
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/240728
    Series: Texto para discussão / Ipea ; 2533
    Subjects: value of statistical life; value of travel time saving; stated preference; discrete choice modelling
    Scope: 1 Online-Ressource (circa 62 Seiten), Illustrationen
  6. Is there a "dead-anyway" effect in willingness to pay for risk reduction?
    Author: Breyer, Friedrich; Grabka, Markus M.
    Published: 2001
    Publisher:  Deutsches Institut für Wirtschaftsforschung (DIW), Berlin

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  7. Is there a "dead anyway" effect in willingness to pay for risk reduction?
    Author: Breyer, Friedrich; Grabka, Markus M.
    Published: 2001
    Publisher:  DIW, Berlin

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